Let G be a connected Lie group, LG its loop group, and PG->G the principal LG-bundle defined by quasi-periodic paths in G. This paper is devoted to differential geometry of the Atiyah algebroid A=T(PG)/LG of this bundle. Given a symmetric bilinear form on the Lie algebra g and the corresponding central extension of Lg, we consider the lifting problem for A, and show how the cohomology class of the Cartan 3-form on G arises as an obstruction. This involves the construction of a 2-form on PG with differential the pull-back of the Cartan form. In the second part of this paper we obtain similar LG-invariant primitives for the higher degree analogues of the Cartan form, and for their G-equivariant extensions.