Clockwise looking at it from your pix.....
Ya got to get that nut to turn, no matter what, if it ain't turning, it ain't coming out without some serious work....
If you can get enough wire out for a vise-grip to latch on then use a buddy to lightly tap on the vise-grip to help pull out the wire while turning the gland
Don't be afraid to heat it up with an acet torch.....as long as it's not heated to melting point it'll clean up afterwards.....best to heat up hot, try twisting, then let cool naturally....repeat the steps over....many times they come loose after 3 or 4 times
Inside on the end of the wire it has a short 90 deg bend that is tucked in to a short hole in the gland that is suppose to help push out the wire while turning......but these break off internally all the time so the vise-grip will help pull it out......sometimes in order to latch on to the wire a slot can be sliced in the barrel (about 3/4" parallel to the wire) then pry out stub of wire.....afterwards you can weld up the slot/slice that was put in it