The Slovakia international moved to the Reds from Zenit St Petersburg in January 2008, and insists he is happy at Anfield and has no intention of moving on.
"I have learned about the interest of Wolfsburg only from the internet and don't even know how true this news is," said the 26 year old, who has three-and-a-half years of his contract left to run on Merseyside.
"One thing is for sure, though - I have a valid contract with Liverpool, I am happy there and if they are happy with me, too, I am not going anywhere."
Skrtel was introduced for the final six minutes of Liverpool's dour goalless draw with Sparta Prague in the Europa League on Thursday, but had no problems with being left on the bench.
"It was the manager's decision not to have me in the starting line-up and I fully respect it. I didn't try to find out why he had decided that way," Skrtel continued.
"The manager changed the defensive system to three centre backs late in the game as we expected Sparta to send long balls out to (Leonard) Kweuke and (Tomas) Pekhart."
The uncompromising defender was also positive ahead of the second leg at Anfield on Thursday.
"He took down one striker and sent me on, out of which it was clear we did not want to concede a late goal to keep it 0-0. I think this result is good for us for the second leg, but we need to be more offensive," he added.
"I believe that we will score some goals and advance. We had expected the long winter break to show on Sparta, but it did not show on their game and they could have won.
"From Sparta I was impressed most by Kweuke, who is strong on the ball and in my eyes he was their best player."