That incantation is a simple cantrip— to provide light in darkness. I might demonstrate.

[Loki pulls a candle out from what seems to be a fold in his robes, and speaks the syllables written in the parchment. The candle lights! It seems very easy for a practiced sorcerer with several millenia of experience. He snuffs the flame out with his fingertips, then sets the candle down.]

Try.