I do not recommend this approach unless you are careful and understand the safety requirements. This is a last resort but works with Bronze. Use heat, Bronze expands at a fairly low temperature. The heat needs to be a quick heat so the nut expands more than the gland. As the nut is heated it opens the thread contact points which have corrosion build up. This helps to get some the penetrant into the threads. You do not want to get it to hot because the heat will sync into the Log and packing. Try to keep the packing and log from heating up over 200 F. I have been successful with this. When I worked on boats in Massachusetts I was an outboard / sterndrive Mechanic. The aluminum alloy components with stainless steel or carbon steel fasteners would be a bear to loosen. The Cutlass bearings in the struts would be stuck and even with a great deal of force would not push out. I quickly found that keeping a small torch strapped to my tool box was a needed tool. I learned quickly after snapping off a few fasteners or having to remove a strut to put it in a 20 ton press to remove the bearing that heat was my friend.
I highly recommend if you use this approach to make sure you have a clean bilge, a welders fire blanket to place under the gland and shaft and place a small piece of the blanket over the packing log hose to protect it. Use a temperature gun to continue to monitor the temperature of the packing nut and the gland. The locking nut needs to be the heat point and the other components should only see heat from the heat syncing. Do not do this if you do not understand the safety aspect of this or do not know how to use a torch.
This is a last resort attempt. It has worked for me. Two weeks ago I replaced the cutlass bearings on my my boat. I removed both shafts and made a puller to press the bearings out. After several attempts I quit. I did not have my torch set with me. The next day I brought the torch and evenly heated the strut keeping my hand on the upper section of the strut. When I felt the upper section of the strut getting warm I checked the temperature at the area where I was heating ( Bearing location) was just over 200 F the upper section temperature was creeping up. I then applied pressure with my puller and the bearing started to pull out of the strut. I worked quickly and had the bearing out with in 30 seconds.
If you attempt this be careful and good luck.