The Blaugrana are expected to need a new goalkeeper at the end of the current campaign and Reina, on loan at Napoli from Liverpool, is keen to be the chosen one.
Valdes has said that he will leave Camp Nou when his contract runs out in eight months' time and Reina is seen to be the favourite to return to Barca after leaving in 2002.
"It would be great to return to Barcelona," Reina told Radio Catalunya.
"I am very happy that my name is being mentioned, but my goal right now is to put in a good season with Napoli.
"In the summer we will see. I imagine that they will have spoken to a lot of goalkeepers and will have short-listed a number of them.
"We will see what happens next year and we will see what happens with Victor Valdes."
Reina was replaced at Liverpool by Simon Mignolet when he was rumoured to be en-route to Barcelona this year, but Valdes then said he was staying and so a year-long loan to Napoli was finalised.