The guitarist admits he regrets quitting the group in August 2009 following a huge backstage fight with his brother Liam as he had big plans to celebrate the release of the band's seminal album - which has sold over 14 million copies worldwide and contained the classic tracks 'Wonderwall', 'Don't Look Back In Anger' and 'Champagne Supernova' - but he hasn't completely given up on his idea.
Speaking about the night of the breakup in Paris - which culminated in Liam attacking him with a guitar - he said: "Well I regret when I was sat in the car and I kind of made a snap decision, really, if I had my Time Again I'd have thought about it a bit more and gone back, done the gig, done the next, there was only two gigs left on the tour.
"It was a hasty decision I've got to say, and we could maybe have all gone off and done other things for a few years, in my own head the 2015, 20-year anniversary of 'Morning Glory' is looming and we could have maybe come back, made a new album and played that album in its entirety and gone and been the greatest thing ever, but there you go."
Noel is currently gearing up for the release of his debut solo album 'Noel Gallagher's High Flying Birds' and a small solo UK tour but he admits he is nervous about hitting the road without his former Oasis bandmates - Liam, Gem Archer and Andy Bell who have since gone on to form new group Beady Eye.
In an interview on the Christian O'Connell Breakfast Show on Absolute Radio, he said: "I like the physical act of touring, it's amazing, it's one of the great perks of the job is to travel around on aeroplanes and visit different places and all that. I mean, I've been in a band for the last 20 years, I've never done a gig without Liam for 20 years, more or less, and with Gem and Andy for like 10 years, that's going to be the most difficult aspect of it. I'd have thought one of two things is going to happen, it'll be around the 12th gig, I'll be sat in the dressing room and after the gig I'll be thinking, `Do you know what, I think I'm up there with Elvis, as a performer I think I'm As Good As It Gets these days. I mean, who's better than me? Nobody, right?' Or I'm going to be sitting there thinking, `Right, how do I break a thumb and get out of this tour, because I don't like it, I don't like it, I want to go home.' "