What is the guy saying here? We have dated 10 months with no intimacy, he said he was shy..is there more?

He tells me: I know that I can not provide your other desires, as that is way beyond what is accepted although I am truly touched with your proposal.

In any case, I will do my best to keep seeing you and fit in with your plans, but I think good friends is all we can be. I just do not have the time or ability to develop a deeper relationship.