During an interview for TV emission "Next Gen" on the french Tv Channel MCM, Yoshinori Kitase, producer of Final Fantasy Series, announced, he hoped work for a remake of FF VII but it will not realize before FFXIII and FF Versus XIII.
And he said that :
Yoshinori Kitase (in french) : "Tous les jours je me réveille et le projet avance peu à peu, bien qu'il ne soit encore qu'à l'étape de réflexion."
"Everyday, I wake up and the project advance gradually, Well, it's just at the step of reflexion."
Updates:
We can watch this interview here :
http://www.virgin17.fr/Programmes/Emissions-Series/Next-Gen/Next-Gen-du-03-05-08