Gabriel Jesus seemed to have won the tie after smashing a shot into the back of the net from a corner. However, it was ruled out due to a handball from Aymeric Laporte in the build-up, with officials at Stockley Park spotting the infringement.
Speaking to Sky Sports, Lloris admitted: "To be honest I thought it was a goal. The way the referee took his decision was 100 per cent, then VAR cancelled the goal and it's a bit unlucky for City.
"Anyone can have a different interpretation about this clip, but we are very pleased with the point. Lucas deserved a lot of credit.
"I just asked him what's happening. I had a look to the screen and we realised there was a handball.
"It's good for us and unlucky for City, but there's plenty of games ahead. We just need to enjoy the moment."